Insulated Wire & Cable

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Insulated Wire Cable
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Summary
US demand to rise 5.6 annually through 2019 US
insulated wire and cable demand is projected to
surpass 27 billion in 2019 on 5.6 percent annual
advances. Through the forecast period, total
consumption of insulated wire and cable will
continue to recover from its depressed 2009
level. A strong expected recovery in construction
expenditures will fuel growth in demand for
several types of wire, including building,
electronic, and power wire and cable. Building
wire cable to offer best opportunitiesAmong
the different product types, building wire and
cable held the largest share of demand in 2014.
It will see the most rapid advances through 2019,
when it will exceed 8 billion. An expected
acceleration in growth of building con-struction
expenditures, after a period of tepid improvement
between 2009 and 2014, will drive growth.
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Similarly, the construction market for insulated
wire and cable is forecast to see the fastest
growth of any wire and cable market through 2019.
In addition to building wire, the rising
construction expenditures will benefit demand for
other types of wire used in building
construction, such as telephone wire and coaxial
cable.Key electrical equipment market to grow
4.1 yearlyThe electrical equipment market held
the largest share of insulated wire and cable
demand by market in 2014. Through the forecast
period, demand is projected to increase 4.1
percent per annum, driven by heightened demand
for wire and cable for power transmission and
distribution.
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Increasing electricity production as well as use
of new sources of power generation, such as solar
and wind farms, will support growth. However,
decelerating growth of appliance and other
equipment shipments will restrain growth of other
types of wire and cable for electrical equipment
markets. Slower price growth will also limit
faster growth in spending on wire for electrical
equipment. The telecommunications market, which
utilizes a vast array of wire and cable products,
is another important market for insulated wire
and cable. Demand for insulated wire and cable
for the telecommunications market is projected to
ex-ceed 4 billion in 2019. The continued usage
of electronic devices that rely on wireless
technology will dampen demand for wire and cable
used to connect such devices. However, the
growing usage of such devices will require
continued improvements to the existing
telecommunications infrastructure.
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Although much of this work has already been
completed, there is still significant investment
needed in the last-mile infrastructure
upgrades, which will support overall wire and
cable demand. Study coverage This Freedonia
industry study, Insulated Wire Cable, presents
historical demand data (2004, 2009 and 2014) plus
forecasts (2019 and 2024) by material, product
and market. The study also considers market
environment factors, details the industry
structure, assesses company market share and
profiles over 20 US industry players.
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Table of Contents
INTRODUCTION EXECUTIVE SUMMARY MARKET
ENVIRONMENT General Macroeconomic
Environment Fixed Investment Trends Construction
Expenditures Manufacturing Outlook Technology
Trends Fiber Optics Multiplex Wiring Telecommunica
tions Technology Superconductivity
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To view the full Executive Summary and Table of
Contents, please visit Insulated Wire
CableContact Us-Call India
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